This certainly isn’t going to help copper prices any …
Anglo-Australian resources giant BHP Billiton has closed its operations at the world’s biggest copper mine in Chile and ended negotiations with striking workers, the company said.
BHP would take legal action against union workers who had blocked all access roads to the Escondida mine in Chile’s Atacama Desert, a spokeswoman said.
“This heightened union activity means we no longer feel that we are able to unequivocably guarantee the health and safety of our people or the integrity of the operations, infrastructure,” said spokeswoman Emma Meade.
“As a result, Minera Escondida has today closed its operations and ceased negotiations with the union. We will not negotiate with the union while they are carrying out this illegal activity.
“We will be taking legal action against the union to resolve this.